Tederic(SH:603289)2025-04-29 13:05Financial Performance - The company's operating revenue for Q1 2025 was CNY 261,592,974.47, representing a year-on-year increase of 2.15% compared to CNY 256,089,259.34 in the same period last year[5] - Net profit attributable to shareholders decreased by 27.82% to CNY 18,013,023.33 from CNY 24,955,119.79 in the previous year[5] - Basic earnings per share decreased by 25% to CNY 0.06 from CNY 0.08 in the previous year[6] - Operating profit for Q1 2025 decreased to RMB 20,513,627.22, down 28.0% from RMB 28,428,651.53 in Q1 2024[20] - The net profit for the first quarter of 2025 is CNY 18,013,023.33, a decrease of 27.5% compared to CNY 24,955,119.79 in the first quarter of 2024[21] - The total comprehensive income for the first quarter of 2025 is CNY 23,989,564.89, slightly down from CNY 24,165,406.41 in the same period last year[21] - The company reported a decrease in sales revenue from CNY 279,348,286.85 in Q1 2024 to CNY 204,851,154.27 in Q1 2025, a decline of approximately 26.7%[24] - The company's basic and diluted earnings per share for Q1 2025 are both CNY 0.06, down from CNY 0.08 in Q1 2024[21] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -55,345,942.76, a significant decline of 351.59% compared to CNY 21,998,311.28 in the same period last year[5] - The net cash flow from operating activities for Q1 2025 is -CNY 55,345,942.76, compared to a positive CNY 21,998,311.28 in Q1 2024, indicating a significant decline[24] - The net cash flow from investing activities for Q1 2025 is -CNY 17,089,789.52, an improvement from -CNY 74,045,106.36 in Q1 2024[25] - Cash inflow from financing activities in Q1 2025 is CNY 370,000,000.00, up from CNY 150,000,000.00 in Q1 2024, reflecting increased borrowing[25] - The company received CNY 50,342,250.62 from other investment-related cash activities in Q1 2025, compared to CNY 1,504,667.23 in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,037,503,041.34, an increase of 2.61% from CNY 2,960,122,406.05 at the end of the previous year[6] - Total assets as of March 31, 2025, amounted to RMB 3,037,503,041.34, up from RMB 2,960,122,406.05 at the end of 2024[17] - Total liabilities increased to RMB 1,584,552,396.77 as of March 31, 2025, compared to RMB 1,531,161,326.37 at the end of 2024[17] - The company's equity attributable to shareholders rose to RMB 1,452,950,644.57 as of March 31, 2025, from RMB 1,428,961,079.68 at the end of 2024[17] Operational Costs and Expenses - Total operating costs for Q1 2025 were RMB 239,227,626.46, up from RMB 225,627,881.95 in Q1 2024, reflecting a year-over-year increase of 6.9%[20] - Research and development expenses for Q1 2025 were RMB 15,689,538.06, compared to RMB 13,402,169.04 in Q1 2024, indicating a year-over-year increase of 17.0%[20] - The decline in net profit was attributed to increased depreciation from new facilities and rising employee compensation costs[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,289[10] - The company has not reported any net profit from the merged entity prior to the merger, indicating no prior earnings contribution from that segment[22] Future Outlook - The company plans to continue expanding its operations and investing in new technologies to enhance its market position[9] Non-Recurring Items - The company recorded a total of CNY 2,240,586.45 in non-recurring gains and losses for the period[8] - The company reported a net loss from investment of RMB 835,352.06 in Q1 2025, an improvement from a loss of RMB 1,904,643.81 in Q1 2024[20] - Cash and cash equivalents increased to RMB 862,122,552.10 as of March 31, 2025, compared to RMB 826,148,134.16 at the end of 2024[15] - The company’s inventory as of March 31, 2025, was RMB 379,411,121.08, slightly up from RMB 378,829,473.13 at the end of 2024[15]